Valterra is exploring for mineral deposits in British Columbia, Canada and represents a well-structured and experienced geologic team, management group, and Board of Directors.
Valterra’s active in south-eastern BC at Salmo and controls the >8,300 hectare ‘Swift Katie’ bulk-tonnage and high-grade porphyry/epithermal Au-Cu-Ag property.
The ‘Swift’ target was drilled in Q3 of 2016 with 6 NQ2 holes totalling 1,953m (assay results are pending). Lab results from the 2014 drilling were very encouraging as holes SK14-001 and 003 intersected significant hydrothermal alteration in the form of chlorite, epidote, pyrite and magnetite; and holes SK14-002, 004 and 005 intersected zones of potassic alteration.
2014 Highlight: 13.3g/t Au, 201g/t Ag & 0.33% Cu over 3.5m in SK14-002
The highlight zone is hosted in pyrite-arsenopyrite-chalcopyrite veins intruding andesitic and dioritic rocks. The zone sits within a broader intercept of >100ppm Cu with localized strong anomalies of Au and Ag.
The ‘Katie’ deposit is an alkaline Cu-Au-Ag porphyry system. The potassic core has elevated Cu and Au values and is surrounded by a broad propylitic zone. Sulphide minerals include pyrite, chalcopyrite with minor sphalerite, tetrahedrite, bornite and molybdenum.
The project has excellent infrastructure with major highways nearby, established forestry access routes on-site, proximal high capacity power network nearby and a skilled regional workforce (pop. >25,000 in the district). Moreover, BC/Canada provides many generous investment and tax advantages in a politically stable jurisdiction.